U.S. Videogame Sales Turn Sluggish

U.S. retail sales of videogames and consoles fell 13% to $1.17 billion in January, underscoring comments from game publishers who have recently warned business was sluggish.

Data from research firm NPD Group confirms the industry is off to a slow start for the year. It also lends weight to conservative 2010 outlooks provided earlier in the week by Electronic Arts Inc. and Activision Blizzard Inc. Both told investors during conference...